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eBay Inc. operates as a technology company that enables commerce and payments on behalf of users, merchants, retailers, and brands of various sizes in the United States and internationally. The technologies and services the company provides are designed to enable users and merchants worldwide to organize and offer their inventory for sale and buyers to find, buy, and pay for it anytime and anywhere.
Segments
The company’s segments include Marketplaces, Payments, and Enterprise.
Marketplaces
This segment includes core global ecommerce platform, ebay.com; other localized sites worldwide, such as eBay.de and eBay.co.uk; related commerce platforms, including its vertical shopping Websites, such as StubHub, and its classifieds Websites, such as Marktplaats.nl and mobile.de; and its advertising services business. The company has made investments and acquisitions to help enable commerce on its platforms for consumers and merchants online, on mobile devices and in the physical world. The company had approximately 155 million active buyers as of December 31, 2014.
The company provides commerce platform for users and merchants. eBay Money Back Guarantee covers items purchased on the company’s Websites in the U.S., the U.K., Germany, Australia, and Canada through a qualifying payment method and protects most buyers with respect to items that are not received or are received but not as described in the listing.
The company provides various access points for consumers to shop anytime, anywhere. The company’s Marketplaces platforms are accessible through a traditional online experience (an Internet-connected computer), from mobile devices (smartphones and tablets), and to a limited extent, via screens in the physical world (dedicated terminals installed/located within retail stores). It offers downloadable, mobile applications for the iPhone, the iPad, Android and Windows mobile devices that allow access to eBay.com and some of its other Websites and vertical shopping experiences, including StubHub, Fashion, Motors, and Half.com.
The company had approximately 800 million items listed for sale as of December 31, 2014. The company offers choice to consumers across various dimensions, such as by listing format; by item condition; and by delivery format. The company offers various specialized vertical experiences. On its core eBay.com Websites, the company has built specialized experiences for certain vertical formats, such as Daily Deals, Fashion, Motors (vehicles; parts and accessories) and Electronics. Its Daily Deals vertical offers various products in multiple categories at discounted prices with free shipping. StubHub is a marketplace for event tickets, enabling fans to buy and sell tickets to a selection of sports, concert, theater, and other live entertainment events.
Payments
This segment includes its core payments brand PayPal, which enables individuals and businesses to send and receive payments online and through a range of mobile devices in approximately 203 markets worldwide and in 26 currencies as of December 31, 2014. The company defines Net TPV(total payment volume) as the total dollar volume of payments, net of payment reversals, completed through its payments networks, including PayPal Credit, Venmo and payments processed through Braintree’s full stack payments platform during the period; it excludes payments sent or received through PayPal’s and Braintree's payment gateway businesses. The company defines On eBay Net TPV as the total dollar volume of payments, net of payment reversals, completed through its payments networks, including PayPal Credit, during the period for transactions on its Marketplaces platforms. The company defines Merchant Services Net TPV as the total dollar volume of payments, net of payment reversals, successfully completed through its payments networks, including PayPal Credit, Venmo and payments processed through Braintree’s full stack payments platform during the period; it excludes PayPal’s and Braintree's payment gateway businesses and payments for transactions on its Marketplaces platforms.
The company provides credit products through its PayPal Credit service.

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